ADMINISTRATORS and receivers reports were made for more than 1,500 construction companies in the previous financial year, amid ongoing supply chain issues...

Data released by the Australian Securities and Investments Commission showed the construction industry dominated the number of initial external administrators’ and...

Second on the list by industry was accommodation and food services (835), followed by retail trade (364) and transport, postal and warehousing (229)...

The 2023 financial year for construction saw construction costs reach new highs after recording their greatest annual increase outside of the period following the...

It also saw Caydon Property Group collapsed in July last year, putting more than a billion dollars’ worth of projects in limbo, including its redevelopment of...

Of the nearly 5,000 nominated causes of failure across the reports for construction businesses, more than half – 850 – included “inadequate cash flow or high cash use...

In an encouraging sign for the industry, the pace of construction cost growth slowed sharply in the September quarter, according to CoreLogic’s Cordell Construction Cost...

However, despite a rise in home dwelling approvals, low numbers overall and ongoing high population growth will see housing supply struggle to keep up for...

Across all industries, small to medium size corporate insolvencies continued to dominate external administrators’ reports. Of the reports lodged, 83% had...